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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-02-10
TDAP Ordinance in limbo

TDAP Ordinance in limbo

The much-awaited Trade Development Authority of Pakistan (TDAP) Ordinance is in limbo because of some serious differences between the Commerce Ministry and TDAP over its authority. These differences were witnessed between Secretary Commerce, Zafar Mahmood
Published 10 Feb, 2012 12:00am
TDAP Ordinance in limbo

TDAP Ordinance in limbo

The much-awaited Trade Development Authority of Pakistan (TDAP) Ordinance is in limbo because of some serious differences between the Commerce Ministry and TDAP over its authority. These differences were witnessed between Secretary Commerce, Zafar Mahmood
Published 10 Feb, 2012 12:00am
SBP seen keeping rates flat at 12 percent

SBP seen keeping rates flat at 12 percent

State Bank of Pakistan is seen keeping its key policy rate at 12 percent on Saturday as inflation is expected to rise in the remainder of the fiscal year through June because of higher oil and gas prices. Eleven of 15 analysts polled by Reuters expect the
Published 10 Feb, 2012 12:00am
SBP seen keeping rates flat at 12 percent

SBP seen keeping rates flat at 12 percent

State Bank of Pakistan is seen keeping its key policy rate at 12 percent on Saturday as inflation is expected to rise in the remainder of the fiscal year through June because of higher oil and gas prices. Eleven of 15 analysts polled by Reuters expect the
Published 10 Feb, 2012 12:00am
SBP seen keeping rates flat at 12 percent

SBP seen keeping rates flat at 12 percent

State Bank of Pakistan is seen keeping its key policy rate at 12 percent on Saturday as inflation is expected to rise in the remainder of the fiscal year through June because of higher oil and gas prices. Eleven of 15 analysts polled by Reuters expect the
Published 10 Feb, 2012 12:00am
BRIndex30 dips by 37.04 points

BRIndex30 dips by 37.04 points

On Thursday, BRIndex30 opened at 9,312.47 and remained red after around first hour of market session. It touched an intraday high of 9,376.65 and an intraday low of 9,252.02 and closed at 9,275.43 which was -37.04 points or -0.4 percent lower than previou
Published 10 Feb, 2012 12:00am
BRIndex30 dips by 37.04 points

BRIndex30 dips by 37.04 points

On Thursday, BRIndex30 opened at 9,312.47 and remained red after around first hour of market session. It touched an intraday high of 9,376.65 and an intraday low of 9,252.02 and closed at 9,275.43 which was -37.04 points or -0.4 percent lower than previou
Published 10 Feb, 2012 12:00am
Index loses 50.01 points

Index loses 50.01 points

The KSE-100 index on Thursday lost 50.01 points and closed at 12,213.24 level due to profit-taking mainly by local investors. The market witnessed a mixed trend throughout the session with the index oscillating between a 12,316.41 points intra-day high an
Published 10 Feb, 2012 12:00am
Index loses 50.01 points

Index loses 50.01 points

The KSE-100 index on Thursday lost 50.01 points and closed at 12,213.24 level due to profit-taking mainly by local investors. The market witnessed a mixed trend throughout the session with the index oscillating between a 12,316.41 points intra-day high an
Published 10 Feb, 2012 12:00am
Index loses 50.01 points

Index loses 50.01 points

The KSE-100 index on Thursday lost 50.01 points and closed at 12,213.24 level due to profit-taking mainly by local investors. The market witnessed a mixed trend throughout the session with the index oscillating between a 12,316.41 points intra-day high an
Published 10 Feb, 2012 12:00am
BoE pumps more cash into economy to shore up recovery

BoE pumps more cash into economy to shore up recovery

The Bank of England set the money press rolling again on Thursday, saying it will pump another 50 billion pounds into the economy to bolster a fragile recovery and shield Britain from fallout from the unresolved euro zone debt crisis.
Published 10 Feb, 2012 12:00am
BoE pumps more cash into economy to shore up recovery

BoE pumps more cash into economy to shore up recovery

The Bank of England set the money press rolling again on Thursday, saying it will pump another 50 billion pounds into the economy to bolster a fragile recovery and shield Britain from fallout from the unresolved euro zone debt crisis.
Published 10 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
BoE pumps more cash into economy to shore up recovery

BoE pumps more cash into economy to shore up recovery

The Bank of England set the money press rolling again on Thursday, saying it will pump another 50 billion pounds into the economy to bolster a fragile recovery and shield Britain from fallout from the unresolved euro zone debt crisis.
Published 10 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Greeks clinch austerity deal, lenders sceptical

Greeks clinch austerity deal, lenders sceptical

Greek political leaders clinched a long-stalled deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years but the country''s financial backers reacted sceptically. European Union partners and t
Published 10 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Greeks clinch austerity deal, lenders sceptical

Greeks clinch austerity deal, lenders sceptical

Greek political leaders clinched a long-stalled deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years but the country's financial backers reacted sceptically. European Union partners and th
Published 10 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Greeks clinch austerity deal, lenders sceptical

Greeks clinch austerity deal, lenders sceptical

Greek political leaders clinched a long-stalled deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years but the country's financial backers reacted sceptically. European Union partners and th
Published 10 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
General election on October 18, 2012: Wasan

General election on October 18, 2012: Wasan

Sindh Home Minister Manzoor Wasan has said that general election will be held on October 18, 2012. Talking to media persons at his office on Thursday, the minister said that nobody had any intention to derail democratic system, adding that the government
Published 10 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
General election on October 18, 2012: Wasan

General election on October 18, 2012: Wasan

Sindh Home Minister Manzoor Wasan has said that general election will be held on October 18, 2012. Talking to media persons at his office on Thursday, the minister said that nobody had any intention to derail democratic system, adding that the government
Published 10 Feb, 2012 12:00am
CCI accords approval to petroleum policy

CCI accords approval to petroleum policy

A meeting of the Council of Common Interests (CCI) presided over by Prime Minister Yousuf Raza Gilani has approved, in principle, Petroleum Exploration and Production Policy 2012 and is likely to increase wellhead price from average $3.5 to $6 for attract
Published 10 Feb, 2012 12:00am
CCI accords approval to petroleum policy

CCI accords approval to petroleum policy

A meeting of the Council of Common Interests (CCI) presided over by Prime Minister Yousuf Raza Gilani has approved, in principle, Petroleum Exploration and Production Policy 2012 and is likely to increase wellhead price from average $3.5 to $6 for attract
Published 10 Feb, 2012 12:00am
CCI accords approval to petroleum policy

CCI accords approval to petroleum policy

A meeting of the Council of Common Interests (CCI) presided over by Prime Minister Yousuf Raza Gilani has approved, in principle, Petroleum Exploration and Production Policy 2012 and is likely to increase wellhead price from average $3.5 to $6 for attract
Published 10 Feb, 2012 12:00am
Nato supplies continue through Pakistan's airspace: Munter

Nato supplies continue through Pakistan's airspace: Munter

United States Ambassador to Pakistan Cameron Munter on Thursday claimed that supplies for US-led Nato forces in Afghanistan were continuing through Pakistan's airspace. Munter was talking to reporters after inaugurating a photo exhibition highlighting 10
Published 10 Feb, 2012 12:00am
Nato supplies continue through Pakistan's airspace: Munter

Nato supplies continue through Pakistan's airspace: Munter

United States Ambassador to Pakistan Cameron Munter on Thursday claimed that supplies for US-led Nato forces in Afghanistan were continuing through Pakistan's airspace. Munter was talking to reporters after inaugurating a photo exhibition highlighting 10
Published 10 Feb, 2012 12:00am
Balochistan unrest: Senate condemns US committee hearing

Balochistan unrest: Senate condemns US committee hearing

The Upper House of Parliament on Thursday condemned the US congressional committee hearing on Balochistan unrest. Speaking on a point of order, Senator Raza Rabbani of the ruling Pakistan People's Party (PPP) said that it was a direct assault on Pakistan'
Published 10 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Balochistan unrest: Senate condemns US committee hearing

Balochistan unrest: Senate condemns US committee hearing

The Upper House of Parliament on Thursday condemned the US congressional committee hearing on Balochistan unrest. Speaking on a point of order, Senator Raza Rabbani of the ruling Pakistan People's Party (PPP) said that it was a direct assault on Pakistan'
Published 10 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 09, 2012).
Published 10 Feb, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 09, 2012).

Published 10 Feb, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 10 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Thursday (February 09, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover
Published 10 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 10 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 10 Feb, 2012 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Wednesday, extending a more than three-month high in tight-ranging trade a day ahead of the US Department of Agriculture monthly report. Modest technical buying seen after March burst through its 100-day moving average
Published 10 Feb, 2012 12:00am
Guwar price lower on grain market

Guwar price lower on grain market

Lean business was seen on the wholesale grain market on Thursday as most of the commodities retained overnight levels mainly because of low demand by retailers, but guwar was sharply lower, dealers said. On the cereal side guwar Sindh and Mardan lost Rs 2
Published 10 Feb, 2012 12:00am
China will stockpile domestic sugar to aid prices

China will stockpile domestic sugar to aid prices

China will stockpile 1 million tonnes of white sugar in state reserves, buying from the domestic market to stabilise prices of the sweetener and protect farmer interests, the country's top planning body said. The government will buy an initial 500,000 ton
Published 10 Feb, 2012 12:00am
Karachi Port's and Port Qasim's activities

Karachi Port's and Port Qasim's activities

The Karachi Port handled 101,470 tonnes of cargo comprising 74,811 tonnes of import cargo and 26,659 tonnes of export cargo including 2,980 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 74,811 to
Published 10 Feb, 2012 12:00am
US Plains HRW wheat bids firm

US Plains HRW wheat bids firm

Bids for hard red winter wheat in the US Plains were steady to firm on Thursday amid quiet country offerings, dealers said. Farmer movement slowed after a flurry of selling last week, an Oklahoma dealer said. Continued improvement in soil moisture reserve
Published 10 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

The March vaida was down while the May contract was unchanged on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The March vaida that had closed at 770.30 opened with a loss of 30 paisa at Rs 770.00. The March vaida
Published 10 Feb, 2012 12:00am
Prices higher on cotton market on exporters' buying

Prices higher on cotton market on exporters' buying

Exporters' demand pushed the rates higher on the cotton market on Thursday amid cautious selling by ginners, dealers said. The official spot rate was unchanged at Rs 5,800, they said. Prices of seedcotton in Sindh were at Rs 1800-2400 and in the Punjab at
Published 10 Feb, 2012 12:00am
German refined beets sugar production up

German refined beets sugar production up

Germany produced 4.772 million tonnes of refined sugar from beets in the 2011/12 season now ending, up from 3.442 million tonnes in the previous season, the association of German sugar industry WVZ said on Wednesday. The figure was only marginally up from
Published 10 Feb, 2012 12:00am
Cotton prices held steady

Cotton prices held steady

Ginners became tight sellers at midweek as lint prices continued to be held steadily due to improving textile condition. Due to announcement of preferential import policy of Pakistani textiles into the European Union announced recently, better power suppl
Published 10 Feb, 2012 12:00am
Cotton prices held steady

Cotton prices held steady

Ginners became tight sellers at midweek as lint prices continued to be held steadily due to improving textile condition. Due to announcement of preferential import policy of Pakistani textiles into the European Union announced recently, better power suppl
Published 10 Feb, 2012 12:00am
China's inflation spike pricks policy easing expectations

China's inflation spike pricks policy easing expectations

China's annual inflation spiked to a consensus-busting 4.5 percent in January as spending jumped during the Chinese Lunar New Year holiday season, breaking a five-month softening trend and forcing a market rethink of policy easing expectations.
Published 10 Feb, 2012 12:00am
South Sudan signs oil pipeline deal to Djibouti via Ethiopia

South Sudan signs oil pipeline deal to Djibouti via Ethiopia

South Sudan has signed an agreement to build an oil pipeline to the port of Djibouti via neighbouring Ethiopia, officials said Thursday, after Juba shut down its only export route via former foe Sudan. "We signed an agreement for another pipeline to go th
Published 10 Feb, 2012 12:00am
Bangladesh bans import of new oil-fired power plants

Bangladesh bans import of new oil-fired power plants

Bangladesh on Thursday banned the import of new oil-fired turn-key electricity generators, citing foreign exchange worries and reversing a policy to allow independent power producers to set-up mini plants to meet chronic power shortages. Bangladesh had pl
Published 10 Feb, 2012 12:00am
ECB opens door to indirect Greece aid

ECB opens door to indirect Greece aid

European Central Bank President Mario Draghi opened the door on Thursday to helping Athens indirectly after Greek politicians finally signed up to an austerity package following days of dither and delay. Greece, which needed the deal to secure a new bailo
Published 10 Feb, 2012 12:00am
ECB sketches out looser collateral rules

ECB sketches out looser collateral rules

The European Central Bank outlined new, looser collateral rules on Thursday that will allow banks in parts of the euro zone to swap a wider range of the traditional-style loans they give to firms and consumers for ECB funding. The ECB said seven of the 17
Published 10 Feb, 2012 12:00am
ECB sketches out looser collateral rules

ECB sketches out looser collateral rules

The European Central Bank outlined new, looser collateral rules on Thursday that will allow banks in parts of the euro zone to swap a wider range of the traditional-style loans they give to firms and consumers for ECB funding. The ECB said seven of the 17
Published 10 Feb, 2012 12:00am
ECB sketches out looser collateral rules

ECB sketches out looser collateral rules

The European Central Bank outlined new, looser collateral rules on Thursday that will allow banks in parts of the euro zone to swap a wider range of the traditional-style loans they give to firms and consumers for ECB funding. The ECB said seven of the 17
Published 10 Feb, 2012 12:00am
Etihad Airways posts $14 million profit

Etihad Airways posts $14 million profit

Etihad Airways, the fast-growing carrier of Abu Dhabi, on Thursday posted a net profit of $14 million for 2011, exceeding its goal of breaking even for the first time ever, a statement said. The flag carrier of the United Arab Emirates said its revenues w
Published 10 Feb, 2012 12:00am
Etihad Airways posts $14 million profit

Etihad Airways posts $14 million profit

Etihad Airways, the fast-growing carrier of Abu Dhabi, on Thursday posted a net profit of $14 million for 2011, exceeding its goal of breaking even for the first time ever, a statement said. The flag carrier of the United Arab Emirates said its revenues w
Published 10 Feb, 2012 12:00am
Credit Suisse posts surprise loss

Credit Suisse posts surprise loss

Credit Suisse posted a surprise fourth-quarter net loss as business at its investment bank slumped and it took almost 1 billion Swiss francs ($1.1 billion) of charges for slashing costs and risky assets to meet tough new capital rules. "Our performance fo
Published 10 Feb, 2012 12:00am
Japan's machinery orders fall

Japan's machinery orders fall

Japan's core machinery orders fell more than expected in December in a sign that a strong yen and worries about slowing global growth may weigh on capital spending in the coming months. But manufacturers expect orders to rise modestly in the first quarter
Published 10 Feb, 2012 12:00am
Rio Tinto swings to loss

Rio Tinto swings to loss

Global miner Rio Tinto took an $8.9 billion charge on its struggling aluminium business on Thursday, triggering a second-half net loss amid a gloomy medium-term outlook for the metal. Five straight years of surpluses in aluminium and rising input costs ha
Published 10 Feb, 2012 12:00am
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